Business Briefs for the Week of July 20, 2009

Power Tree Corp., Ascent Solar Technologies, Ice Energy

Jul 24, 2009

Power Tree Corp., Boca Raton, Fla., recently announced the commencement of construction of its fourth-generation electricity storage device. The company’s new device is designed to cost-effectively and efficiently store up to 30GW of electricity and discharge continuous megawatt power for hours.

Penta Technologies, Milwaukee, provider of enterprise software for the engineering and construction industries, recently announced that ITAC Engineers and Constructors has selected Penta as their new engineering and construction management software. “One of the most important considerations in our system search was that we would no longer need to build and maintain custom systems outside the business financial system,” says Jon Loftis, president of ITAC Engineers and Constructors. “We needed software that could manage engineering, design-build, and self-perform construction work, all in one database.”